LS Cable breaks ground for U.S. power cable plant

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SEOUL, May 27 (Yonhap) -- LS Cable & System Ltd., South Korea's top wire and cable maker, said Friday that it began construction of a power cable production line in the United States in an effo

Seoul shares up 0.6 pct in late-morning trade

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SEOUL, May 27 (Yonhap) -- South Korean stocks traded 0.6 percent higher late Friday morning as foreign buying underpinned the market following overnight gains on Wall Street, analysts said.

The Korea Interbank Offered Rates (KORIBOR)

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SEOUL, May 27 (Yonhap) -- The Korea Interbank Offered Rates (KORIBOR) as posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m.

Japanese upper house agrees to return Korean books

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TOKYO, May 27 (Yonhap) -- The upper house in the Japanese Diet on Friday ratified an agreement on the return of ancient Korean texts to Seoul, completing a legal process for the transfer considered

N. Korea's trade surges 22 pct in 2010: report

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SEOUL, May 27 (Yonhap) -- North Korea's trade volume soared 22 percent in 2010 from a year earlier as the communist state boosted exports of minerals to earn hard currency and increased imports of

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